Sholom Jacobs Of Jacobs Real Estate Advisors Acquires Mixed-Use Property In Wayne, NJ For $1.9M

611 Ratzer Rd in Wayne, NJ has been sold for $1,900,000 in a recent transaction. The property is a mixed-use asset with a total area of 3,800 square feet, resulting in a price per square foot of $500. The transaction also included 2.4 acres of land, with a price per acre of $791,667.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $1,900,000
• Square Footage: 3,800
• Price per Square Foot: $500
• Address: 611 Ratzer Rd, Wayne, NJ
• Market: Wayne, NJ
• Buyer: Sholom Jacobs (@Jacobs_rea) - Jacobs Real Estate Advisors
• Broker: Marcus & Millichap
• Land Area: 2.4 acres
• Price per Acre: $791,667

Sholom Jacobs, representing Jacobs Real Estate Advisors, acted as the buyer in this transaction. The brokerage firm Marcus & Millichap facilitated the deal.